Spain’s largest ship builder signs a deal to aid one of Africa’s strongest navies in modernizing 30-year-old warships built by the same company

Business Insider AfricaChinedu Okafor · 6 November 2026 at 13:30

The Spanish state-owned shipbuilding enterprise, Navantia, recently inked an agreement with Angola to rehabilitate two of the country’s Mandume-class patrol vessels.
— Business Insider Africa

Read the full story on Business Insider Africa

This story was written and published by Business Insider Africa. Business.co.za shows its headline and teaser from the publisher’s RSS feed and links to the original.

What business people are saying

No comments yet. Be the first.

More in Markets & investing

All →

African Law & Business2 h ago

Nebank acquires majority stake in NCBA Group

The South African financial services group was advised on the deal by a cross-border team from Cliffe Dekker Hofmeyr’s Kenyan and South African offices.

Markets & investing Read on African Law & Business ↗

Moneyweb2 h ago

Joburg’s coalition puzzle: Three scenarios that could shape its future

‘The DA and ActionSA could have a three-way deal where they sweep up all the cities in Gauteng and lock the ANC out of power,’ says Sam Mkokeli, lead partner at Mkokeli Advisory.

Markets & investing Read on Moneyweb ↗

News24 Business1 h ago

Sappi’s R12bn loss eclipses its own market value — as Durban delays and cheap imports bite

Sappi says it remains optimistic about SA despite its local earnings more than halving in its fourth quarter after a series of blows, including congestion at the Port of Durban, cheap paper imports, and a stronger rand.

Markets & investing Read on News24 Business ↗

Business Insider Africa1 h ago

Military chief of African nation with Israel and Russia ties makes surprise exit announcement as country faces prospect of father-to-son presidential succession

Uganda's military chief, General Muhoozi Kainerugaba, has announced plans to step down in the coming months, raising fresh questions about the political future of the East African nation, where his father, President Yoweri Museveni, has ruled for four decades.

Markets & investing Read on Business Insider Africa ↗

Business Insider Africa3 h ago

Australia joins US and Canada in imposing asset freezes and travel bans on rival military leaders in war-torn African nation after more than $6.23 billion in humanitarian aid

Australia has joined the United States and Canada in imposing sanctions and travel bans on Sudan's rival military leaders, Abdel Fattah al-Burhan and Mohamed Hamdan Dagalo, after more than three and a half years of war and billions of dollars in humanitarian aid.

Markets & investing Read on Business Insider Africa ↗

News24 Business4 h ago

‘Bulldozer’ Shoprite impresses analysts, but shares dip after strong run

Shoprite reported surging sales, rapid store expansion, and continued market-share gains on Friday, but investors sent the share price down nearly 4%, with an analyst saying the stock had simply “run ahead of itself.”

Markets & investing Read on News24 Business ↗